JIUDING(SZ:002201)2025-02-24 10:25Financial Performance - Total revenue for 2024 was RMB 1,346,787,530.99, a decrease of 21.67% compared to the previous year[4] - Operating profit increased by 15.17% to RMB 76,310,056.89, attributed to a reduction in period expenses and lower provisions for credit and asset impairments[5] - Total profit decreased by 28.30% to RMB 50,204,712.89, primarily due to provisions for anticipated litigation losses[6] - Net profit attributable to shareholders was RMB 32,555,328.08, down 16.09% year-on-year[4] - Net profit attributable to shareholders after deducting non-recurring gains and losses rose by 55.25% to RMB 43,638,812.83[5] - Earnings per share decreased by 16.67% to RMB 0.05[4] - The weighted average return on net assets was 2.97%, down from 3.54% in the previous year[4] Assets and Equity - Total assets at the end of the reporting period were RMB 2,717,090,801.40, a decrease of 7.14% from the beginning of the year[5] - Shareholders' equity attributable to the company increased by 1.98% to RMB 1,100,206,648.15[5] Revenue Decline Factors - The decline in total revenue was mainly due to reduced sales of large fiberglass wind turbine blades[5]